No surprise there...
The major US stock indices are opening lower as expected. Concerns about the coronavirus has investors concerned about the potential economic impact should it gather momentum. So far 6 people have died.
A snapshot of the major currencies a few minutes into the opening is showing:
- S&P index -7.4 points or -0.22% at 3322.34
- NASDAQ index -19.9 points or -0.21% at 9368.83
- Dow industrial average -31.5 points or -0.11% at 29316
In the US debt market, yields are lower
- 2 year 1.540%, -1.8 basis points
- 5 year 1.593%, -2.6 basis points
- 10 year 1.791%, -2.9 basis points
- 30 year 2.25%, -3.0 basis points
in other markets:
- spot gold is trading down $12.17 or -0.78% at $1548.62
- WTI crude oil futures are trading down $0.37 -0.63% at $58.17